earnings
confidence high
sentiment negative
materiality 0.50
Enliven reports 2023 net loss $71.6M; cash $253M; ELVN-001 data due Q2 2024
Enliven Therapeutics, Inc.
- Net loss of $71.6M for full year 2023, up from $37.7M in 2022; R&D spend $64.6M.
- Cash, cash equivalents and marketable securities $253.1M; expected runway into early 2026.
- Phase 1a ELVN-001 proof-of-concept data expected Q2 2024 (n>20 patients at efficacious dose).
- ELVN-002 IND cleared for combination with trastuzumab in HER2+ cancers; first patient dosing by mid-2024.